New U.S. semiconductor export restrictions on China have little impact on the rise of Asian chip stocks.

• The U.S. announcement of new semiconductor export controls on China did not significantly affect the shares of major Asian chip stocks.
• Several Japanese chip stocks, including Tokyo Electron, which gained 4%, experienced growth, while Taiwan's TSMC saw an increase of 2.4%.

Despite new U.S. export restrictions on Beijing aimed at hindering its high-end chip production, major Asian chip stocks outside of China rose on Tuesday.

The world's largest contract chip supplier experienced a 2.42% increase in its shares.

Tokyo Electron, Advantest, Renesas Electron, and other Japanese chip-related stocks experienced gains, with Tokyo Electron rising 4.7%, Advantest climbing 6.7%, Renesas Electron advancing 2.2%, and others also seeing increases.

The British chip designer Arm, which is owned by a Japanese technology conglomerate, experienced a 3.6% increase in its shares.

The Biden administration's new chip restrictions will also affect the sales of high-bandwidth memory chips, which could impact the two largest memory chip manufacturers globally - SK Hynix and Samsung.

The stock prices of Samsung Electronics and SK Hynix increased by 0.9% and 1.8%, respectively.

On Tuesday, Derrick Irwin, portfolio manager at Allspring Global Investments, stated on CNBC's "Street Signs Asia" that high-bandwidth memory controls would affect South Korean players.

Despite our belief that the influence of high bandwidth memory chips on China's market is minimal compared to other players, we anticipate that they will be able to redirect that demand to the U.S. and other markets.

The Department of Commerce has announced that it is restricting semiconductor exports to 140 new companies in an attempt to hinder China's access to advanced chip technology that could be used for military purposes.

Among the largest Chinese companies included in the export controls list were , and ACM Research.

In China, Naura Technology and ACM Research experienced a 3% and 1% decline in shares, respectively, while Piotech saw a 1% increase. In Hong Kong, Semiconductor Manufacturing International Corporation fell 1.5%.

Gina Raimondo, the U.S. Secretary of Commerce, announced on Monday that the new export controls represent the Biden-Harris Administration's strategy to hinder the PRC's self-sufficiency in producing advanced technologies that pose a threat to our national security.

The latest U.S. restrictions have introduced new controls on 24 types of manufacturing equipment and three types of software tools used for developing semiconductors.

In recent news, the effectiveness of U.S. chip restrictions was questioned after a TSMC chip was discovered in a Huawei product.

New export restrictions have been introduced, including a "red flag guidance" to address compliance issues and "critical regulatory changes" to improve the effectiveness of existing controls.